.Fee Vikram Handa, Managing Supervisor, Epsilon Advanced Materials3 min reviewed Last Upgraded: Aug 07 2024|11:20 PM IST.Epsilon Advanced Materials, a Mumbai-based manufacturer of graphite anodes (and very soon cathodes), which are actually crucial elements in electric car (EV) batteries, is actually pushing the Indian authorities to arrange an Important Raw Materials Act with the US. This will guarantee that battery products shipped coming from India to the US comply with the US Rising Cost Of Living Reduction Act (INDIVIDUAL RETIREMENT ACCOUNT).The IRA gives different incentives to increase EV fostering in the vehicle sector. If signed, the agreement could possibly place India as a crucial hub for global battery material exports.Vikram Handa, dealing with supervisor of Epsilon, states that under the individual retirement account, anFirst Published: Aug 07 2024|11:20 PM IST.